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Beijing bets on homegrown nuclear reactors

Bloomberg China probably won’t hit its nuclear energy target this year, but that’s unlikely to derail a broader ambition to become the planet’s chief proponent of the climate-friendly fuel by the end of the decade. In an energy mix that’ll still heavily feature coal and other fossil fuels, government researchers have said that nuclear capacity could more than double to ...

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Trump’s show of force fizzles in backlash over ‘crackdown’

Bloomberg Donald Trump faced a dwindling set of options to address nationwide unrest, after a backlash erupted over the government’s violent dispersal of peaceful protests outside the White House, plunging the president into more election-year turmoil. For Trump and his conservative backers, his photo op in front of historic St John’s Episcopal Church with Bible in hand was a show ...

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Europe renews push to slash global tariffs on medical goods

Bloomberg The European Union (EU) is pressing for a global deal to eliminate tariffs on pharmaceuticals and medical supplies in an effort to guard against the kind of supply-chain shock triggered by the coronavirus pandemic. The European Commission, the EU’s executive arm, outlined options for encouraging worldwide commerce in health-care goods in a policy paper due to be discussed by ...

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Italy’s PM to map out economic revival plan as travel ban ends

Bloomberg Prime Minister Giuseppe Conte will unveil his a plan to rebuild a battered economy on the day Italians end almost three months of lockdown and can travel freely again. The premier will outline his government’s recovery strategy in a speech, Italian media reported, and repeat an appeal to put aside the country’s political divisions. Conte, who heads an unruly ...

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Google sued for secretly amassing vast trove of user data

Bloomberg Google surreptitiously amasses billions of bits of information — every day — about internet users even if they opt out of sharing their information, three consumers alleged in a proposed class action lawsuit. “Google tracks and collects consumer browsing history and other web activity data no matter what safeguards consumers undertake to protect their data privacy,” according to the ...

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Adex, SCCI partner to help Sharjah exporters expand global business

Sharjah / WAM Abu Dhabi Exports Office (Adex) and the Sharjah Chamber of Commerce and Industry (SCCI) are partnering together on a strategic initiative to help boost exports from one of the leading manufacturing hubs in the region that provides a significant contribution to the UAE’s GDP. Adex, the UAE-wide export financing entity founded by Abu Dhabi Fund for Development ...

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Adnoc Distribution opens 16 new sites so far in 2020

ABU DHABI / WAM Adnoc Distribution has opened 16 new sites around the country so far this year, including five ‘Adnoc On the go’ neighbourhood stations in Abu Dhabi and five ‘traditional’ stations in Dubai. The UAE’s leading fuel and convenience retailer said the network expansion aims to “bringing everyday essentials closer to its customers.” In a statement on Tuesday ...

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Loyal Emiratis are capable of defending our soil: FNC Speaker

ABU DHABI / WAM In an exclusive interview with Al Jundi Journal, Saqr Ghobash, Speaker of the Federal National Council (FNC) said that the council was committed to upholding the values of UAE’s present leaders as well as the founding fathers. He explained how the council has helped the government confront the threat from the coronavirus and also how the ...

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DIFC firms to benefit from master employee health insurance policy

DUBAI / WAM Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with EC3 Brokers to implement a Group Health Insurance Master Policy. The Group Health scheme will be available to over 2,400 active registered firms in DIFC who provide health insurance to their 25,600 professionals. It is the first scheme of this nature to be developed in ...

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Dubai Customs, UNODC launch ‘go learn’ initiative

DUBAI / WAM Dubai Customs’ Training Centre and the United Nations Office on Drugs and Crime (UNODC) have launched an e-learning platform ‘GO LEARN’, that provides some 50 training courses in the customs field. The launch of the online platform took place on Microsoft Teams with the attendance of Mohammed Al Ghaffari, Acting Executive Director, Human Resources, Finance and Administration ...

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